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What Shippers and Retailers Need to Know for Peak Season Planning 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. We’ve seen how the lockdowns in Shanghai snarled global supply chains. The peak season definition is a continued evolution of the seasons in transportation.
Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supply chain professionals had already realized: uncertainty is the only real certainty. There are Also Commercial Reasons.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Ahmad Jiwani at Coupa and looks at supply chain design. How often do you revisit and update your supply chain designs? Once a year?
An enterprise TMS is a logistics platform used to aid businesses in planning, executing, and optimizing the specific functions of handling incoming and outgoing shipments. Understanding the Importance of TMS Platforms and the Role They Play in the Modern Supply Chain Network.
Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Lead times, for example, are a critical form of master data for planning purposes.
In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. W ould I still write the same article today?
From shortages of personal protective equipment to a variety of grocery items to electronics and apparel, coronavirus ( COVID-19 ) has hit the global supply chain in expected and unforeseen ways, and it seems likely that it could take many months to recover. But 44% of respondents didn’t have a plan to deal with it.
Companies and supply chains continue to face unprecedented challenges and, in some cases, unprecedented opportunities. To be successful in this volatile environment leaders must focus on supply chain planning and more specifically Integrated Business Planning (IBP).
In supply chain management, it was all anyone could talk about. Every article discussed the importance of digitally transforming the supply chain. In essence, the question I had was: If “transformation” implies a dramatic or radical change, then how does your supply chain “dramatically change” with digital transformation? .
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Top 10 Countries supplying seafarers. Top 10 Countries supplying seafarers. By Deadweight Capacity. Officer Rank.
Effective lead time management is a critical factor in securing supply chain efficiency and cost control, since lead time represents the total time required for a product or material to move through the supply chain, as measured from the time of ordering to the time of delivery. What is Lead Time and Why Does it Matter?
As always, it was a busy year covering the latest supply chain and logistics trends, emerging technologies, mergers and acquisitions, major news announcements, and more. We want to take this opportunity to reflect on the Top 15 most popular logistics articles written this year and see what our readers found to be the most interesting.
A year before, in 2014, a Harvard Business Review article pointed out that supply chains were becoming increasingly global and complex and consequently more at risk than before. Supply chain disruptions. Until recently, supply chains and other business functions focused on efficiency and cost. Supply chain resilience.
Many companies were in the midst of digitally transforming their supply chain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital Supply Chain journeys. Plan and Execute for Success.
Augmented reality (AR) and virtual reality (VR) are ‘revolutionary’ emerging platforms that are changing the game for supply chains. In addition to machine learning and predictive analytics, AR/VR technology is also a game changer for the supply chain and logistics industry. AR/VR in Supply Chains. billion U.S.
The following text is of a presentation given at a 2019 Wiliams Foundation conference, ‘Sustaining self-reliance’ As the original article cannot be found on other sites, it is provided here with some slight adjustments. Whos to say these scenarios will be unique? Many of these conversations can end with it.
And because we are supply chain specialists, well, supply chain projects are our bread and butter. . You don’t need a PM background to plan and complete a supply chain project, whatever its nature. . But what does it take to prepare for managing a supply chain project? Step 1: Business Case and Buy-In .
This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. They also supply express freight and serve hard-to-reach areas such as campers, building sites, rural areas, shopping centers, and more.
Before the COVID pandemic ran through the supply chain, in-network resiliency had never been tested or tried extensively. Today, the definition of supply chain resiliency has been changed in ways that have caused ripple effects. Real-time data is critical to the supply chain’s smooth operations day in and day out.
In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. W ould I still write the same article today?
How will it impact your supply chain and your bottom line? This article discusses 5 key things supply chain leaders should consider post-Brexit. As Laurence Goasduff writes in a recent post , the Brexit is definitely causing supply chain disruption. In view of this, as a supply chain leader you need to consider: 1.
Air travel is not only convenient for traveling a long distance in a short span of time, but it is also the one-stop solution in the supply chain industry for the swiftness in operations it offers. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight.
In the supply chain sector, just like any industry, we have a multitude of terms that are commonly used.So, I decided to create this list to help you decipher any supply-chain-related terms that you come across for the first time. If you have any others to add, please add them in the comments below, and Ill add them to the list.
Plan Ahead. Make life on the road simpler and cheaper by planning ahead. If you are preparing for a longer trip, stock up on supplies that you think you’ll want before hitting the road. When it comes to planning ahead, meal prepping can be another great tip on how to save money while on the road. Create a Budget.
Here at Benchmarking Success, we exist to help our customers improve supply chain performance. Still, since the arrival of the COVID-19 pandemic and the devastating impact it had on many businesses, especially in the initial surge of the virus, supply chain leaders’ attention has been captured by a new performance measure—resilience.
Elenjickal noted that over the last 36 months, supply chains have become more complex than ever before. This leads supply chains to continue to operate in silos, rather than in a connected manner. As a result, supply chains continue to be wasteful when looking at time, inefficiencies, and emissions.
Transportation management systems (TMS) have transformed from a desirable perk to a critical necessity for continued growth and success within the supply chain management networks. It’s a Tool for Optimizing Loads and Capacity Planning. It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy.
Can AI run supply chains? Supply chains may be complicated systems, but modern machine learning techs and artificial intelligence have allowed us to consider the possibility of AI running supply chains. Today we will explore what benefits, monetary as well as non-monetary, businesses can obtain by automating their supply chains.
3 Steps to Improved Reverse Logistics Three of the most critical tasks in managing returned inventory are determining which products should, or should not, be accepted as returns, calculating the cost of returns, and establishing a definitive course of action based on the condition of each item and the policies that apply to it.
Theme 1: Global supply chains will be busy, congested and chaotic. 2023 call: Global supply chains will be slightly less busy, congested and chaotic, but cheaper – at least the transportation part. Theme 4: Sustainability will become an opportunity, not a challenge for supply chains. Despite many calling for U.S. Figure 1: U.S.
This article is an attempt at summing up the major economic events that are slated/expected to take place across Asia which is likely to shape up the economical picture of the continent. The international beneficiaries of the Asian market would definitely gain greatly out of this. International Travel Policies.
Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. Today, the question is more about how much inventory is sufficient to safeguard the supply chain from disruption. inventory turnover days.
How will it impact your supply chain and your bottom line? This article discusses 5 key things supply chain leaders should consider post-Brexit. As Laurence Goasduff writes in a recent post , the Brexit is definitely causing supply chain disruption. How will taxes impact your supply chain structure?
According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.
What’s the definition of warehousing and warehouse? I hope his answers help you if you’re new to supply chain management, or are just trying to gain a better understanding of how warehousing fits in. A good definition of a warehouse is “a planned space for the efficient storage and handling of goods and materials”.
If you want to get more of a feel for the work and working conditions, check out the photos in this Daily Mirror article: [link] ). The work also met every definition of “difficult, dirty and dangerous.” Common examples are an Enterprise Resource Planning (ERP) system, or an Electronic Health Records (EHR) system.
What roles in logistics and supply chain can you do from home? Most customer service teams also meet daily to plan deliverables for the day, these calls are very effective when done in person but are not necessarily ineffective when done over teleconferencing. Definitely a role that will transition well to a home based environment.
This series of articles aims to address this gap by showing how logistics problems accumulate and metastasise into operational preparedness shortcomings. To better contextualise logistics in the ADF during the period to be examined, it makes sense that I draw upon the definitions of that period as well.
Why measure the performance of a supply chain? Because a supply chain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems. However, traditional enterprise measures of performance do not work for supply chains.
The agent’s duties also includes attending to the requirements of the ship’s crew including crew changes, provisions, supplies, ship spares and many associated activities required by the ship, its owners, charterers, P&I clubs etc. DEFINITELY NOT AN EASY OR SMALL JOB AND CERTAINLY NOT FOR THE FAINT OF HEART.
Supply chains are ‘strangling strategy’, with the movement of commodities so significant an issue that logistics is securitising. [1] The Review emphasised that “…better planning and management of civil-military relationships are thus essential to our future defence capability.” [8]
Article summary. I like to quote the following definition of CSR , offered by Chatham House associate fellow, Paul Hohnen. A full 95 percent of respondents said they are diverting substantial resources to socially responsible initiatives and plan to expand this investment even further in the coming year.
Successful organizations in the eCommerce world can streamline their supply chain through the correct selection of distribution and fulfillment centers depending on their operational needs. It is important to note that both aspects are part of the supply chain and should be given consideration during operations planning.
Ok, enough about concrete; let’s move on to this week’s supply chain and logistics news… Majority of small fleets yet to comply with ELD mandate (CCJ). Elemica Delivers Predictive Visibility to Global Industrial Supply Chains. E2open Announces Definitive Agreement to Acquire Zyme. and part of me says “This is so scary!”
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